Mytender.io Primed for Investment

Catalyst participant, Mytender.io has been selected to take part in the SETsquared Investment Futures event in London in November.

The event is billed as the must-attend event for investors in technology, science and innovation-led ventures. Over the past 20 years it has helped start-ups raise over £160 million.

SETsquared Executive Director, Marty Reid, said, “It’s fantastic to see another high-quality line-up of pitching companies for our Investment Futures event. Given our recent announcement of a spin-out investment vehicle, it’s encouraging that 30% of these ventures are spin-out companies. These are complemented by graduates of Innovate UK’s ICURe Programme, members of our world-leading Business Acceleration Centres and specialist sector support programmes. So, investors can be assured of the quality of the investment opportunities they will see at the event.”

Southampton Science Park recently revealed that it had selected mytender.io for its Catalyst business accelerator programme. The company is working to revolutionise outdated tendering processes across the construction and facilities management sectors using AI driven software. This technology will enable nearly 900,000 SMEs to respond to tenders in 75% less time and win a greater share of contract opportunities which are valued at £30 billion each year.

Lucinda Lamont, Business Development Director at the Science Park, commented, “Mytender.io stood out when judges were evaluating applications for this year’s Catalyst programme and we were delighted to offer them a place. It’s very encouraging to see this young company with such potential being named as just one of twenty companies to be given this further opportunity by SETsquared. As is so often the case, being in the right environment at the right time grants access to the right people to unlock next stage growth, and we at the Science Park wish the team the best of luck with their pitch in November.”